Global Motion Control Market Size & Outlook, 2024-2030
Global motion control market, 2018-2030 (US$M)
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Global motion control market highlights
- The global motion control market generated a revenue of USD 16,630.2 million in 2023 and is expected to reach USD 24,659.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.8% by 2030.
- In terms of segment, closed-loop system accounted for a revenue of USD 8,554.2 million in 2023.
- Closed-loop System is the most lucrative system segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 16,630.2 million |
| Market revenue in 2030 | USD 24,659.7 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Closed-loop system |
| Fastest growing segment | Closed-loop System |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Open-loop System, Closed-loop System |
Other key industry trends
- In terms of revenue, the North America accounted for 17.2% of the global motion control market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Spain is the fastest growing regional market and is projected to reach USD 339.4 million by 2030.
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Motion Control Market Scope
Motion Control Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Celera Motion | View profile | 101-250 | Bedford, Massachusetts, United States, North America | https://www.celeramotion.com/ |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | http://www.bosch.com |
| YASKAWA Electric Corp | View profile | 15022 | 2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, Japan, 806-0004 | http://www.yaskawa.co.jp |
| Parker Hannifin Corp | View profile | 62730 | 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 | http://www.phstock.com |
| Fuji Electric Co Ltd | View profile | 30123 | Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan, 141-0032 | http://www.fujielectric.co.jp |
| Fanuc Corp | View profile | 11532 | 3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, Japan, 401-0597 | http://www.fanuc.co.jp |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| OMRON Corp | View profile | 28034 | Shiokoji Horikawa, Shimogyo-ku, Kyoto, Japan, 600-8530 | http://www.omron.co.jp |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
Global motion control market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to motion control market will help companies and investors design strategic landscapes.
Closed-loop system was the largest segment with a revenue share of 51.44% in 2023. Horizon Databook has segmented the Global motion control market based on open-loop system, closed-loop system covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Motion Control System Outlook (Revenue, USD Million, 2018-2030)
- Open-loop System
- Closed-loop System
- Global Motion Control Offerings Outlook (Revenue, USD Million, 2018-2030)
- Actuators & Mechanical Systems
- Drives
- Motors
- Motion Controllers
- Sensors & Feedback Devices
- Software & Services
- Global Motion Control Application Outlook (Revenue, USD Million, 2018-2030)
- Metal Cutting
- Metal Forming
- Material Handling
- Packaging
- Robotics
- Others
- Global Motion Control Industry Vertical Outlook (Revenue, USD Million, 2018-2030)
- Electronics & Semiconductor
- Logistics
- Automotive
- Healthcare
- Food & Beverage
- Paper & Printing
- Aerospace & Defense
- Others
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Target buyers of Global motion control market databook
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Horizon Databook provides a detailed overview of global-level data and insights on the Global motion control market , including forecasts for subscribers. This global databook contains high-level insights into Global motion control market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global motion control market size, by regions, 2018-2030 (US$M)
Top 10 countries: Motion control market size, 2023 (US$M)
Global motion control market share, by system, 2023 & 2030 (%, US$M)
Motion control market: Opportunity assessment by country
Global motion control market, by region, 2023 (US$M)
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